MA Financial Group Full Year 2024 Earnings: Beats Expectations

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MA Financial Group (ASX:MAF) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$1.09b (up 25% from FY 2023).
  • Net income: AU$41.8m (up 47% from FY 2023).
  • Profit margin: 3.8% (up from 3.3% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: AU$0.26 (up from AU$0.18 in FY 2023).
ASX:MAF Revenue and Expenses Breakdown February 25th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

MA Financial Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 24%.

The primary driver behind last 12 months revenue was the Unallocated Adjustments Relating To Lending Trusts segment contributing a total revenue of AU$235.8m (22% of total revenue). Notably, cost of sales worth AU$670.6m amounted to 62% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to AU$182.6m (48% of total expenses). Explore how MAF's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 33% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Australia are expected to grow by 5.6%.

Performance of the Australian Capital Markets industry.

The company's shares are up 7.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for MA Financial Group that you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if MA Financial Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.